Q1 2021 results: Strong start to the year

Orders $7.8 billion, +6%; comparable1 +1% Revenues $6.9 billion, +11%; comparable +7% Income from operations $797 million; margin 11.5% Operational EBITA1 $959 million; margin1 13.8% Basic EPS $0.25; +41%2 Cash flow from operating activities $543 million; cash flow from operating activities in continuing operations $523 million “After a busy year of creating the right set-up Read more about Q1 2021 results: Strong start to the year[…]

ABB issues trading update following better-than-anticipated performance in Q1

ABB is publishing preliminary information on its first-quarter 2021 results, which according to the information available to the company, is better than the latest company guidance and current market consensus. The preliminary results were driven by a stronger-than-anticipated market development, especially during the last weeks of March, and relates primarily to the short-cycle business. Quarterly Read more about ABB issues trading update following better-than-anticipated performance in Q1[…]

ABB launches new share buyback program

ABB will launch on April 9, 2021 its previously announced follow-up share buyback program of up to $4.3 billion. Based on the current share price this represents a maximum of approximately 137 million shares. The maximum number of shares that may be repurchased under this new program on any given trading day is 1,543,644. This follow-up Read more about ABB launches new share buyback program[…]

ABB plans to launch new share buyback following completion of initial program

Follow-up share buyback program expected to begin in April 2021 and run until 2022 Annual General Meeting. ABB has completed its initial share buyback program that was launched in July 2020 as part of the company’s commitment to return to shareholders cash proceeds from the Power Grids divestment of $7.6-7.8 billion. Through the initial buyback Read more about ABB plans to launch new share buyback following completion of initial program[…]

Notice of ABB’s Annual General Meeting on March 25, 2021

ABB today published the invitation to its Annual General Meeting (AGM), which will be held on Thursday, March 25, 2021. The invitation can be found below and on ABB’s investor relations website at www.abb.com/agm. Due to the extraordinary circumstances and in accordance with applicable Swiss COVID-19 legislation, shareholders will not be able to attend the event Read more about Notice of ABB’s Annual General Meeting on March 25, 2021[…]

ABB publishes 2020 annual report

ABB Ltd published its 2020 annual report on its website and filed the annual report on Form 20-F with the United States Securities and Exchange Commission The 2020 annual report is now available electronically at www.abb.com/groupreports. It provides comprehensive information on the company and its strategy, business, governance and financial performance. Shareholders may request a Read more about ABB publishes 2020 annual report[…]

Q4 and full-year 2020 results

FOURTH QUARTER 2020 HIGHLIGHTS Orders $7.0 billion, +2%; comparable -1%1 Revenues $7.2 billion, +2%; comparable 0% Income from operations $578 million; margin 8.0% Operational EBITA1 $825 million; margin1 11.5%, including a combined impact of 80 basis points from the full and final Kusile settlement with Eskom in South Africa and non-core business charges Basic EPS Read more about Q4 and full-year 2020 results[…]

ABB appoints Carolina Granat as Chief Human Resources Officer

. ABB announced today that Carolina Granat is to succeed Sylvia Hill as Chief Human Resources Officer and member of the Executive Committee, effective January 1, 2021. Granat currently serves as ABB’s Global Head of People Development, prior to which she was globally responsible for Human Resources at Sandvik’s Machining Solutions business area. She also Read more about ABB appoints Carolina Granat as Chief Human Resources Officer[…]

ABB verstärkt Engagement für sauberen Wasserstoff mit ECH2A-Mitgliedschaft

Peter Terwiesch, Leiter des Geschäftsbereichs Industrieautomation bei ABB, wird Exekutivmitglied der European Clean Hydrogen Alliance ECH2A, die gegründet wurde, um die europäische Wasserstoffindustrie voranzubringen. Die Allianz ist das offizielle EU-Gremium, das sich auf den verstärkten Einsatz von Wasserstofftechnologien (H2) bis 2030 konzentriert, um die Kohlenstoffemissionen zu reduzieren und zur Erreichung der europäischen Kohlenstoffneutralität bis 2050 Read more about ABB verstärkt Engagement für sauberen Wasserstoff mit ECH2A-Mitgliedschaft[…]

ABB unterstützt Wiederaufbau wichtiger Infrastruktur in Beirut

Nach der verheerenden Explosion im Hafen von Beirut im August 2020, bei der viele Menschen ums Leben kamen und zahlreiche lebenswichtige Einrichtungen beschädigt wurden, haben die Wiederaufbaubemühungen mit Hilfe von Produkten und Lösungen von ABB zur Sicherung der Energieinfrastruktur an Fahrt gewonnen.  ABB stellt Produkte und Lösungen für grosse Spitäler und eine Schule in Beirut Read more about ABB unterstützt Wiederaufbau wichtiger Infrastruktur in Beirut[…]